Senate Banking Panel Approves Obama's Choices for SEC, CFPB

A U.S. Senate panel on
Tuesday voted 21 to 1 in favor of Mary Jo White to lead the U.S.
Securities and Exchange Commission, moving her nomination to the
full Senate for consideration.

A U.S. Senate panel on
Tuesday voted 21 to 1 in favor of Mary Jo White to lead the U.S.
Securities and Exchange Commission, moving her nomination to the
full Senate for consideration.

The Senate Banking Committee also approved on a party-line
vote Richard Cordray's nomination to be director of the Consumer
Financial Protection Bureau. Cordray has been serving as
director on an interim basis.